Declining Supply of Homes

Supply of homes and condos priced $250,000-and-lower stands at only 3.69 months reports Inside Real Estate News.

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Bill Banning Real Estate Transfer Fees

Senate Bill 11-234 would ban private real estate transfer fees, which have been added to homeowner association covenants during the development phase to fund an investment scheme cooked up by Manhattan-based Freehold Capitol Partners. The covenants are set up to require that a percentage of the sale price of a home be paid to a private 3d party every time…

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